2022
Exports
$61kWorld Rnk 88 / 121
Flag Rnk 602 / 945
falsefalse Russia
2022
PRODUCT COMPLEXITY IN Bovine Meat
-0.66Rnk 747 / 1025
2022
Imports
$385kWorld Rnk 130 / 204
Flag Rnk 728 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $61k in Bovine Meat, making it the 88th largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 602nd most exported product in Armenia. The main destination of Bovine Meat exports from Armenia are: Russia ($49.9k) and United Arab Emirates ($11.1k).

Imports In 2022, Armenia imported $385k in Bovine Meat, becoming the 130th largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 728th most imported product in Armenia. Armenia imports Bovine Meat primarily from: Russia ($335k), Japan ($25.6k), and Argentina ($24.4k).

The fastest growing import markets in Bovine Meat for Armenia between 2021 and 2022 were Russia ($316k), Japan ($25.6k), and Argentina ($16.6k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bovine Meat. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$61k
IMPORTS (2022)$385k
NET TRADE (2022)-$324k

In 2022, Armenia exported $61k in Bovine Meat. The main destinations of Armenia exports on Bovine Meat were Russia ($49.9k) and United Arab Emirates ($11.1k).

In 2022, Armenia imported $385k in Bovine Meat, mainly from Russia ($335k), Japan ($25.6k), and Argentina ($24.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine Meat BY Armenia WERE (2021 - 2022):
Russia-$630k (-92.7%)
United Arab Emirates-$2.32k (-17.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Bovine Meat were:
In 2022, Armenia's main importing competitors in Bovine Meat were:

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Trade Value of Bovine Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $13.2k
TOP IMPORT POTENTIALArgentina+ $29.4k

Bovine Meat’s highest export potential is United Arab Emirates. With an export gap of $13.2k.   Bovine Meat’s highest import potential is Argentina with an import gap of $29.4k.

See methodology.

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